Stocks
closed out the week with a big thud today, with the Nasdaq narrowly avoiding
its worst one-day loss this year. The Nasdaq fell 110.01 points to 4,127.73,
the Dow Jones dropped 159.84 points to 16,412.71 and the S&P 500 ended down
23.68 points at 1,865.09. (CNBC News)

European
stocks rose to a six-year high as Holcim and Lafarge rallied and a U.S. report
showed that the world's biggest economy created more jobs in February than
initially estimated. (Bloomberg
News)

Canada's dollar gained to the strongest
level in four weeks after the economy added more jobs than forecast in March,
rebounding from a decline the previous month, and the unemployment rate
unexpectedly fell. (Bloomberg
Businessweek)

The
Obama administration announced an additional three million people enrolled in
the expanded Medicaid health insurance programs for the poor, bolstering the
White House's numbers of Americans with medical care coverage under the
Affordable Care Act. (Forbes)

Lloyd Blankfein, Goldman's chairman and
CEO, received $23 million in salary and bonus for his 2013 performance. (Wall
Street Journal)

Chicago O'Hare International Airport
today unveiled its new $26 million remodeling of international Terminal 5,
complete with 24 new upscale retail shops and new restaurants, some of which
are Chicago originals. (Chicago
Tribune)

Technology news:

Investors
sent shares of GrubHub up nearly 50 percent in early trading after an initial
public offering that valued the online food ordering service at more than $2
billion. (Associated
Press)

Brendan Eich's resignation from Mozilla
demonstrated one thing: that people's work lives and their personal lives are
no longer separate. (The
Telegraph)

TrueCar, which runs the auto pricing
and buying website TrueCar.com, has filed for an initial public offering. (USA
Today)

Turkish
Prime Minister Recep Tayyip Erdoğan has harshly criticized a ruling by the
Constitutional Court that found Turkey's block on Twitter to be a violation of
free speech, saying the court acted unpatriotically. (Today's
Zaman)

World business news:

The world's two largest cement companies are in
talks about a merger to create a $40 billion group at the top of the global
cement industry. (Financial
Times)

The Canadian economy created a better-than-expected
42,900 jobs in March, following months of sluggish growth, as young people and
those in the public sector landed work. (Reuters)

A lawsuit accusing Lululemon Athletica
of defrauding shareholders by hiding defects in some yoga pants that led to a
costly recall and caused the retailer's stock price to fall should be
dismissed, a U.S. judge said. (Reuters)

China has imposed
tougher restrictions for imports of live pigs from the U.S. amid concerns about
a fatal swine virus, according to the U.S. Department of Agriculture and
livestock-industry officials. (Wall
Street Journal)

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